<PAGE>
Mr. Clarke joined Xyvision in February 1990 as Vice President, Chief
Financial Officer and Treasurer. He was appointed General Manager of Contex
Prepress Systems in April 1991, and elected President and Chief Operating
Officer in February 1994. He also served as Secretary from September 1990 to
February 1994. He holds an M.B.A. degree from the Harvard Business School and
a B.S. degree from Rensselaer Polytechnic Institute.
Mr. Seneta joined Xyvision in June 1990 as Manager of Contract
Administration and was elected Treasurer and Secretary in February 1994. From
May 1991 to February 1994, he served as Corporate Controller. He holds a
Bachelor of Arts in Business Administration from Grove City College and an
M.B.A. from the Emory University Graduate School of Business .
Mr. Duffy joined Xyvision in June 1983 and was promoted to Vice President,
North American Sales in April 1991. Immediately prior to this position, Mr.
Duffy served as Director, Eastern Region Sales, a position he assumed in
January 1990. Previously, he held a variety of sales, support, and marketing
positions for the Company, including commercial sales manager, customer
support manager, and pre-sales support manager. He holds a B.S. degree from
Suffolk University.
Mr. Hickey joined the Company in October 1987 and has served as Vice
President of Customer Support since April 1991. In June 1992, he was given
general management responsibility for Xyvision Publishing Systems activities
in Europe. He spent his first two and a half years with Xyvision as aerospace
market manager and director of product marketing. He holds a B.A. in
Economics from Harvard College and an M.B.A. from the Stanford University
Graduate School of Business.
Mr. MacDonald is a member of Xyvision's founding group. He has been a Vice
President of the Company since 1982, first with responsibilities for customer
support, then special products and engineering services, and now sales for
the Pacific Rim. He holds B.S. and M.S. degrees in electrical engineering
from Northeastern University.
8
<PAGE>
14. MAJOR CUSTOMERS AND EXPORT SALES
No single customer accounted for more than 10% of revenues in fiscal 1995,
1994 or 1993.
Export sales to unrelated customers outside of the United States for
fiscal 1995, 1994 and 1993 were as follows:
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Fiscal 1995 Fiscal 1994 Fiscal 1993
- -------------- ------------- ------------- -------------
Western
Europe $1,221,000 $1,319,000 $ 691,000
Asia 1,043,000 396,000 1,024,000
Australia 254,000 219,000 54,000
Total $2,518,000 $1,934,000 $1,769,000
</TABLE>
15. RELATED PARTIES
The Company has an agreement to pay consulting fees, which amounted to
$148,000, $162,000, and $320,000 in fiscal 1995, 1994 and 1993, respectively,
to T.H. Conway and Associates, Inc. Mr. Conway, Chief Executive Officer and
Director of the Company, is the President and owner of this firm.
11
